Status of Statement No. 28

Accounting for Sales with Leasebacks—an amendment of FASB Statement No. 13

Status

Issued: May 1979

Effective Date:
For leasing transactions and revisions recorded as of September 1, 1979

 

Affects:
Replaces FAS 13, paragraphs 32 and 33

 

Affected by:
Paragraphs 3 and 23 through 25 amended by FAS 66, paragraph 51

 

Other Interpretive Pronouncements:
FTB 79-18
FTB 88-1

 

Issues Discussed by FASB Emerging Issues Task Force (EITF)

 

Affects:
No EITF Issues

 

Interpreted by:
Paragraph 2 interpreted by EITF Issues No. 88-21 and 93-8
Paragraph 3 interpreted by EITF Issues No. 86-17, 88-21, 89-16, and 93-8

 

Related Issues:
EITF Issue No. 84-37, 87-7, and 89-20

 


Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides